Bitaigen Research In this article we systematically outline the founding background, business layout, and core functionalities of VB GLOBAL, with a special focus on its proprietary burn module and security system, helping you quickly assess whether the platform meets your needs. Continue reading for details you won’t want to miss.
Since its official incorporation in March 2019 in the British Virgin Islands, the VB Exchange has grown into a digital‑asset trading platform serving users worldwide. As of 11:51 AM (UTC) on August 16 2021, the platform’s total assets were approximately USD 770,000, with a 24‑hour trading volume of USD 550 million, ranking 100th globally. The exchange currently supports 11 cryptocurrencies and an equal number of trading pairs, has completed KYC verification, and primarily offers spot‑trading services. This indicates that VB Exchange has demonstrated relatively stable performance within the industry.
Operational Status of the VB Exchange
VB GLOBAL (also referred to as VB Exchange) was conceptualized during the 2018 bear market and launched the following year. Within just one year, its Mytoken ranking consistently stayed within the top 25, earning it a place among the so‑called “second‑tier” exchanges. This achievement is attributed to a steadfast “user‑first” philosophy and continuous optimization of the trading experience. Ongoing investments in user experience, innovative features, and security have gradually built user trust.
Key Features and Innovations
- Burn Module: A pioneering “burn‑trade” mechanism unique to VB Exchange. For every sell order, a fixed percentage of a “fuel fee” is charged (deducted when the order is placed and refunded if the order is canceled; the exact rate is specified in the trading‑pair announcement). The collected fuel fees are publicly destroyed on the blockchain each month on the 1st, with burn operations for February and March already completed.
- VB Mining Pool: Operated by VB Technology Ltd, this pool is compatible with multiple consensus mechanisms such as PoS, DPoS, and PoW. Users holding VBT tokens can participate in mining and receive daily entitlement distributions.
- VB‑PoS Finance: A staking‑style yield product comparable to a bank deposit. Users lock their tokens to earn interest. In addition to the base PoS rewards, participants who promote the platform can obtain extra referral earnings.
Positioning and Vision of VB GLOBAL
VB GLOBAL’s official English name is VB GLOBAL, and the trading fee is uniformly set at 0.2 %. The platform upholds the values of “openness, fairness, innovation, and cooperation,” aiming to build a freer and more efficient digital‑asset financial ecosystem. Its mission is to provide users with a convenient and secure trading environment, promote widespread blockchain adoption, and accelerate the real‑world application of digital assets through a distributed commercial organization model. VB hopes that by establishing an open and fair financial service framework, more people will be able to independently manage and trade their assets.
Future Roadmap
VB currently positions itself as a second‑tier blockchain exchange, with the next objective of breaking into the global top 15 rankings. To achieve this ambition, the platform will deepen its existing services while expanding into derivatives trading, asset‑management solutions, and other offerings, striving to stay ahead in a highly competitive market.
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The above provides a comprehensive overview of VB GLOBAL. For download links or additional material about the VB exchange, stay tuned to future reports from Bitaigen (比特根).
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